Clean Harbors Q4 Profit Drops but Beats Earnings Estimates

Clean Harbors reports a Q4 profit of $83.97 million, down from $98.35 million last year, yet surpassing analyst expectations of $1.36 EPS. Revenue increased by 7.0%, which could have implications for investor confidence.

Date: 19-02-2025

AI Rating: 6

**Earnings Per Share (EPS)**: The reported EPS of $1.55 is lower than last year’s $1.81 but exceeds the analysts' average expectations of $1.36, indicating a positive surprise despite the year-over-year decline.

**Net Income**: Clean Harbors reported a net income of $83.97 million, which is a decrease from $98.35 million the previous year. This drop of about 14.5% could impact investor sentiment negatively, as it signifies a reduction in profitability.

**Revenue Growth**: Revenue grew by 7% from $1.338 billion last year to $1.431 billion this quarter. This growth is a positive signal regarding the company's operational performance and may attract investors looking for growing revenues.

In summary, while the drop in profit may raise concerns among investors, the increase in revenue and the EPS outperforming expectations could provide a cushion against these concerns. Investors will likely weigh the mixed signals presented in this report before making decisions moving forward.

Stocks: CLH